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Lara Technologies Is Considering a Cash Outlay of $250,000 for the Purchase

Question 78

Multiple Choice

Lara Technologies is considering a cash outlay of $250,000 for the purchase of land, which it could lease out for $35,000 per year. If alternative investments that yield a 12% return are available, the opportunity cost of the purchase of the land is


A) $35,000
B) $30,000
C) $250,000
D) $4,200

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